A California appeals court has ruled that U.S. Bank conned Claudia Aceves out of her home by tricking her into giving up her bankruptcy protections. Now she can sue the bank for damages and fraud, and conceivably, so could othe…
As multiple lawsuits and SEC actions progress in relation to the nation’s mortgage mess, it’s becoming clear that the misbehaviors of the lawyers involved at all stages were not isolated incidents: The misconduct was systemic, …
Authorities have warned executives at major investment banks that a Qaeda terrorists in Yemen may be planning attacks against financial institutions or their top employees.
Intelligence analysts are concerned that operatives in Yemen may try to send …
JPMorgan Chase may come to regret buying Bear Stearns. Suits by Wells Fargo and bond insurer Ambac claim that Bear entirely disregarded loan quality to appease its trading desk’s ever-growing demand for mortgages to securitize….
As much as the market and Corporate America may like what they heard in the president’s speech Tuesday night, history shows Obama’s reelection in 2012 remains pinned to boosting Americans’ income growth to at least 3%. Problem …